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It has often been said that the Portuguese capital oozes with charm and offers some exceptional real estate, and as a result prices have rocketed! There is still time to invest, but time is of the essence... By Eric Jansen. For decades Lisbon seemed like a slightly faded city forgotten by the modern world, much like the trams that trundle along its cobblestone streets, its authentic buildings (often a little too authentic), and its churches and palaces decked with “azulejo” glazed ceramic tiles. A perfect destination for a romantic weekend no doubt, but a place to live? Surely not… However in 2013, a new government measure was applied allowing European citizens tax exemption on their income from abroad for 10 years, on the condition that they live in Portugal for at least six months a year. The effect was immediate and probably far exceeded the government’s expectations. Suddenly, the appeal of Lisbon rocketed. Just a two-hour flight from Paris, the offer was too tempting to resist and...
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